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Feature: Are Eco-Friendly Cars Expensive to Own?

Clean Fleet Report

A study conducted by a team at the Massachusetts Institute of Technology (MIT) compared the lifetime costs of owning a gas-powered vehicle versus that of owning an eco-friendly vehicle. The motors that electric vehicles use have fewer moving parts than their gasoline-powered counterparts and don’t require oil changes.

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EPRI: lifetime cost of ownership of plug-ins is roughly comparable with conventional vehicles

Green Car Congress

Consumers who purchase an electric vehicle will find that lifetime costs to own the vehicle are competitive with conventional and hybrid vehicles, according to an analysis conducted by the Electric Power Research Institute (EPRI). —“Total Cost of Ownership for Current Plug-in Electric Vehicles”.

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Bloomberg New Energy Finance forecasts plug-in electric vehicles could account for up to 9% of US auto sales in 2020 and 22% in 2030

Green Car Congress

Plug-in electric vehicles, including plug-in hybrids and battery electric vehicles, have the potential to make up 9% of US auto sales in 2020 and 22% in 2030 (1.6 However, achieving such growth level will be dependent on two key factors: aggressive reductions in battery costs and rising gasoline prices. Earlier post.)

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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

However, although the state has made considerable progress decoupling economic growth from greenhouse gas (GHG) emissions, the rate of emissions decline appears to be slowing, due in part to a spike in transportation emissions attributed to an increase from light-duty vehicles. —Adam Fowler, economist at Beacon Economics.

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Top Factors Affecting EV Adoption

EV Connect

Industry experts predict that electric vehicles (EV) will account for 40% of car sales by 2030. Yet for all the optimism around the electric vehicle adoption rate, certain human, structural and environmental factors still dictate the pace. Of the 289 million cars registered on US roads, barely 2 million are electric.

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IEA working paper highlights potential role of natural gas in reducing global road transport CO2

Green Car Congress

The global natural gas vehicle fleet has grown rapidly in the last 10 years, but still represents less than 1% of global transport fuel consumption. gas sources, such as biogas or bio-synthetic gas. gas sources, such as biogas or bio-synthetic gas. Click to enlarge.

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Must Read 40+ Electric Vehicle Interview Questions & Answers

Get Electric Vehicle

The electric vehicle industry is growing at a high pace these days. Are you planning a job in electric vehicle industry? Then this Electric Vehicle Interview Questions and Answers will definitely help you out. There are different types of firms working in the electric vehicle domain.